car loans - compare and choose car loans from different banks with us

10
Car Loans Get your dream vehicle with one of the Best Car Loans in INDIA

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Post on 10-Jun-2015

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Car Loans in INDIA provides a car loan interest rate quotation based on your desired car, the amount you need to borrow, and the term of the loan.

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Page 1: Car Loans - Compare and choose car loans from different banks with Us

Car Loans

Get your dream vehicle with one of the Best Car Loans in INDIA

Page 2: Car Loans - Compare and choose car loans from different banks with Us

Agenda

• Loan Contract

• Loan Repayment Schedule

• Secured loan

• Unsecured loan

• Selecting the car

Page 3: Car Loans - Compare and choose car loans from different banks with Us

Loan Contract

A Contract that specifies the terms of a loan, as agreed to by the borrower and the lender

Amount of the loan Interest rate

Page 4: Car Loans - Compare and choose car loans from different banks with Us

Loan Repayment Schedule

Amortize: To repay the principal of a loan through a series of equal payments each payment includes part of the principal and part of the interest

Maturity: The life or duration of the loan longer maturity equals lower payments, but more interest is paid over the life of the loan

Page 5: Car Loans - Compare and choose car loans from different banks with Us

Car Loan Options

Secured loan:A loan that is backed or secured by collateral which could be repossessed if the lender defaulted on the loan

Unsecured loan: A loan that is not backed by collateral

Page 6: Car Loans - Compare and choose car loans from different banks with Us

Selecting the car — things to consider

Personal preferences Price Insurance Resale value Repair expenses Financing rate

Page 7: Car Loans - Compare and choose car loans from different banks with Us

Negotiating the Price

Negotiating by phone may be beneficial

Trade-in tactics can be misleading No-haggle dealers can save time and

stress Information is valuable – shop

around Purchasing a car online is possible,

but not yet a streamlined process

Page 8: Car Loans - Compare and choose car loans from different banks with Us

Car Loan Interest Rates from Different Banks

Page 9: Car Loans - Compare and choose car loans from different banks with Us

Financing Decisions

Estimate INR amount of monthly payment you can afford before shopping

This Car Loans in INDIA provides a car loan interest rate quotation based on your desired car, the amount you need to borrow, and the term of the loan.